What to Expect
$50M to $10M+
When businesses receive large customer orders but don’t have the cash to pay suppliers, Purchase Order Financing steps in to cover the costs. A lender finances the order by paying the suppliers directly, allowing the business to fulfill the order without using its own working capital. Once the customer makes payment, the business repays the lender, typically including a fee or interest. This type of financing enables businesses to handle larger orders, maintain smooth cash flow, and grow without being limited by cash flow constraints, especially during peak demand or periods of rapid expansion.
Submit your customer purchase orders and supplier details along with recent financial records. Pennington will review your application, and if approved, they will pay your suppliers directly. Once your customer pays, you’ll repay Pennington, including any fees.
Unlock the capital you need to fulfill large purchase orders by securing financing against your unpaid invoices or purchase orders, ensuring you can deliver on time.
Use financing to purchase raw materials, inventory, or supplies needed to complete customer orders, helping you grow without waiting for customer payments.
Unlike traditional loans, purchase order and invoice financing provides non-debt funding, giving you access to working capital without taking on additional liabilities.
Borrow funds based on the value of your invoices or purchase orders, allowing you to scale your financing up or down as your needs change.
Get quick access to funds, allowing you to process and ship orders faster while maintaining a steady cash flow.
Purchase order financing can help you take on larger contracts or orders from customers without worrying about your ability to fund the purchase upfront.
Your purchase orders or invoices serve as the collateral, so you don’t need to risk other assets to secure financing.
With fast access to funds, you can pay your suppliers promptly, which can improve supplier relationships and help you negotiate better terms.
Invoice and Purchase Order Financing helps businesses meet large orders, maintain liquidity, and accelerate growth without the burden of traditional financing. Get the funding you need to keep your business moving forward today!
With the financial flexibility provided by purchase order financing, you can focus on growing your business, meeting customer demand, and increasing sales without the strain of cash flow challenges.
Operating as a B2B (business to business) or B2G (business to government) entity.
Offering physical goods.
Having suppliers with solid business credit.
Ensuring your customers have good business credit, trade, and payment history.
Maintaining a minimum profit margin of 10 percent on orders.
Connect with a Pennington Business Financing Specialist to find out more
It's your fast pass to getting the gear you need without draining your cash flow. It’s a loan specifically for buying or leasing equipment, using the gear itself as collateral. Think of it as turning tomorrow’s profits into today’s productivity boost!
Get a financial jumpstart to fulfill big orders. A lender fronts the cash to cover supplier costs, so you can deliver without draining your pockets. Think of it as your secret weapon to say “yes” to that massive order, even if your bank account says “not yet!”
It’s the jet fuel that propels your business dreams from concept to reality. It’s when a lender fronts you the cash to grow, expand, or kick off your big idea—while you get to steer the ship. Think of it as the capital boost that says, “Let’s make this happen!”
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